Transformer Monitoring Solutions Market Analysis Growth by General Electric,Silver Spring Networks ,Siemens,Reinhausen Group , GRID20/20 ,Elster Solutions and Many More

This report focuses on the global Transformer Monitoring Solutions status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Transformer Monitoring Solutions development in United States, Europe and China.

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Transformer monitoring solutions are used to monitor and diagnose the health of a transformer. A monitoring solution helps end users to detect and identify failures in transformers, which in turn reduces the repairing cost.

One trend that boosting market growth is the introduction of automated high voltage transformer monitoring solutions. High voltage power transformers are used by the power industry worldwide to control and deliver electricity. But most of these transformers are over 50 years old, which means that they are nearing the end of their functional lifetimes.
A key growth driver is the increasing demand for electricity in emerging markets. APAC is an emerging region undergoing significant changes. Countries such as China, Thailand, the Philippines, Vietnam, India, Japan, and Australia are witnessing extensive growth of their economies along with industrial development and commercialization. Therefore, demand for power in these countries is also increasing.

In 2017, the global Transformer Monitoring Solutions market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

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The key players covered in this study
General Electric
Silver Spring Networks
Siemens
Reinhausen Group
GRID20/20
Elster Solutions
GridSense
ABB
Itron
EDMI
Schweitzer Engineering Laboratories
Powertech System Integrators

Market segment by Type, the product can be split into
Distribution Transformer Monitor
Intelligent Transformer Monitors
Others

Market segment by Application, split into
Industrial and Mining
Power Station
High-Rise Buildings
Airport
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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